PictureTel (PCTL) Message Board

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Technology Stocks : PictureTel (PCTL)

PCTL 0.0001000

0.0%

Aug 4 2:00 PM EST

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To: Thean who wrote ()	11/2/1996 10:14:00 PM
From: eric lalouette	of 920

PICTURETEL is a broken stock, not a broken story, growing at 40% earning and revenues with a PE of 20 on 97 earning what is wrong with this??? OK picturetel does not have the R&D power to compete with intel once desktop conferencing pickup as a result of MMX chipset fonctionalities on the new intel generation in the first half of 97. picturetel is not making business in this market anyway. Picturetel has a high-end desktop offering and will still be at the high end once intel product take off. I own 3000 shares of that stock and I am convinced that it will go up in the $45 within 9 months.

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